First F-22 Raptor Delivered from Lockheed Martin Speedline

Lockheed Martin Corp. [NYSE: LMT] completed the first F-22 Raptor at the company's Inlet Coating Repair (ICR) Speedline facility and delivered the aircraft back to the U.S. Air Force ahead of
schedule. The U.S. Air Force contracted Lockheed Martin to establish the Speedline in Marietta, Georgia, in August 2016 and the first F-22 arrived there in early November.

A second aircraft arrived in early December 2016 and a third in late January 2017.

Lockheed Martin is on contract to perform this work on a total of 12 aircraft and a follow-on contract is anticipated. Additionally, Lockheed Martin is providing modification support services,
analytical condition inspections, radar cross section turntable support and antenna calibration.

Periodic maintenance is required to maintain the special exterior coatings that contribute to the 5th Generation Raptor's Very Low Observable (VLO) radar cross-section. The increase in F-22
deployments, including ongoing operational combat missions, has increased the demand for ICR.

"The inlet coatings work, coupled with future improved Low Observable materials and repair improvements, is a critical part of increasing the 325th Fighter Wing's repair capacity and combat
readiness," said Lt. Col. Argie Moore, deputy commander of the 325th Maintenance Group. Lockheed Martin provides sustainment services to the F-22 fleet through a U.S. Air Force-awarded
Performance Based Logistics contract and a comprehensive weapons management program called Follow-on Agile Sustainment for the Raptor (FASTeR).

As the original equipment manufacturer and support integrator for the F-22 Raptor, Lockheed Martin works closely with the U.S. Air Force to integrate a total life-cycle systems management process
to ensure the Raptor fleet is ready to perform its mission. Lockheed Martin F-22 depot work is part of a public-private partnership agreement between the Air Force and Lockheed Martin that has
been in place for nearly a decade.